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Stack’s Rakes in Millions in Beverly Hills Coin Auction

On July 30, Stack’s held its Treasures from the S.S. New York sale in Beverly Hills, California, where we sold over $6.5 million worth of U.S., Ancient, and World coins, U.S. and World paper money, and items recovered from the wreck of the S.S. New York. Several headlining consignments were featured, and included pieces from the Evan L. Kopald Collection of large cents, the Chet Krause Collection, and the Richard Gross Collection.

Colonial and Early American coins began the sale in traditional fashion, and offered up an outstanding near gem 1776 Continental dollar in Pewter. Certified as MS-64 by NGC, the coin sold for an impressive $135,125, an auspicious start to the sale. Other colonial highlights included the finest known Ryder 4-J 1787 Massachusetts cent in MS-64 RB (PCGS) that climbed to $97,750.

Early federal coinage boasted a remarkable 1793 Cohen 3 half cent graded MS-60 BN (NGC) that sold for $47,725 and an 1849 N-18 large cent graded Proof-64 RB (PCGS) that went for $20,700. A dazzling assortment of half dimes and dimes were at the forefront of the minor coinage, and the rare 1874-CC Arrows dime stood a cut above at MS-62 (PCGS) with a realized price of $126,500.

A nice run of quarters paved the way for the half dollars, where the Eliasberg 1817/4 half dollar took center stage. This coin, one of the rarest issues from the entire half dollar series, was the finest example graded by PCGS at AU-50 and was eventually awarded to a phone bidder for the exciting sum of $356,500, tying for the top realization of the auction. The always popular silver dollar category also boasted several notable realizations, like the condition census 1803 Small 3 example in MS-63 (NGC) that sold for $46,000 and the Satin finish 1921 Peace dollar in Proof-64 (NGC) that weighed in at $32,200.

Patterns offered eight examples of the popular 1836 Gobrecht dollar, with three six-figure realizations! The first was a silver Judd-58 example in Proof-64 (NGC) that topped out at $100,625; the second was a copper Judd-59 restrike in Proof-61 RB (PCGS) that sold for $201,250; and the third was the exceptionally rare copper Judd-64 example, a Rarity-8 graded Proof-65 RD (PCGS) that sold for an impressive $356,500. Commemorative coins finished out Session One, with a lovely Round 1915-S Panama-Pacific $50 slug graded MS-61 by PCGS selling for $56,350.

Session Two began with coins and artifacts from the S.S. New York, and included gold coins from the U.S. and abroad, as well as a handful of copper and silver U.S. coins. Notables included three examples of the landmark 1846 Large Date half eagle, each in MS-64 (NGC), and the first two awarded the star designation. The first two sold for an impressive $17,250 apiece, and the third brought in $20,700. From the shipwreck items we moved on to Private and Territorial gold coins, which featured a Choice 1849 Norris, Gregg & Norris $5 in MS-62 (PCGS) that sold for $37,375, as well as several quality examples of the popular Bechtlers and Humberts.

Ingots and Western Ephemera were up next, many of which came from our sale of the John J. Ford, Jr. Collection in 2007, and all of which were highly sought after. The Blake, Unionville ingot, an item entrenched in western American history, was one of these items and ran up to $25,300 before the hammer fell. Western American Currency was also a popular section, and opened with the fabulous Russian-American Company 25 Kopeck “Walrus Skin” note. A stunning example in fabulous condition, this note hailed from the Ford-Boyd Collections and made its way into a new collection after a top bid of $14,950.

Over 300 lots of U.S. gold coins followed, with significant rarities and exciting realizations at every turn. Quarter eagles delivered fantastic early issues, with the rare 1804 13 Stars Reverse example in the spotlight. This coin, the Pittman specimen, was graded AU-50 by PCGS and sold for an impressive $149,500. Later quarter eagles offered a superb 1911 example, tied for finest at Proof-67 (PCGS), which garnered $60,375. This sale provided four examples of the 1879 Flowing Hair Stella, the highlight of which was the Proof-62 Cameo (NGC) example that topped out at $120,750.

U.S. eagles boasted an incredible satiny 1804 example, one of the finest known, graded MS-63 by NGC; that coin brought $128,800. Indian Head examples featured a spectacular example of the legendary 1907 With Periods Wire Rim issue. Graded MS-66 (PCGS) and previously from the Oliver Jung Collection, this coin climbed to a hefty $109,250. Double eagles provided a nice array of both attractive and rare pieces. Proof issues shined here, with an 1872 in Proof-63 DCAM (PCGS) and a glittering 1879 in Proof-64 CAM (PCGS) weighing in at $71,875 and $57,500 respectively.

Session Three was comprised of World Paper Money and Ancient and World coins. World Paper money offered a nice selection of issued, proof, and specimen notes, with many significant rarities interspersed. The Banco Nacional de Cuba 1905 Issue Specimen set was an important highlight. Extremely rare and in Choice condition, this set of four notes was one of just four known complete sets-this was reflected in the winning bid of $23,000. The colorful Panamanian Twenty Balboas “Arias” note, a rare and unissued example, was another significant lot from this section and sold for $10,925.

A modest offering of ancient coins tendered quality examples spanning Greek, Judaean, and Roman coinage. A lovely Aureus of Nero was certainly a noteworthy coin; in Extremely Fine condition, this example brought $8,913. World coins featured several exciting European rarities, like the glorious Victoria 1880 Proof Sovereign of Great Britain that realized $25,300 and the gorgeous Venetian 1740 Gold Osella of Alvise Pisani in Choice Extremely Fine that brought $11,500. Also offered in this section was a pair of very rare and attractive Silesian 4 Ducats, both in Extremely Fine condition. The first, a 1610 example from Liegnitz-Brieg-Wohlau, settled on a final price of $14,950, and the second, a 1622-dated coin from Münsterberg-Oels, at a pleasing $17,250. Coins from North and South America, Asia, Africa, and the Pacific finished out the auction.

For further information on participating in or consigning to an upcoming Stack’s auction, contact Stack’s at 123 W 57th Street, NY, NY 10019 or at Box 1804, Wolfeboro, NH, 03894. By phone please use 800-566-1580 or 866-811-1804. Full sales results from Treasures from the S.S. New York and other important properties, as well as full photos and text from previous sales, are available online at our website.

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